International Journal in Management & Social Science
  • Year: 2019
  • Volume: 7
  • Issue: 9

Organizational change and employees’ commitment in listedmanufacturing firms in nigerian stock exchange.

  • Author:
  • Ochugudu Achoda Ipuele1, Zozo Terkura Alfred2, Adem Terngu3
  • Total Page Count: 24
  • Published Online: Mar 9, 2021
  • Page Number: 171 to 194

1Department of Business ManagementBenue State University, Makurdi

2Department of ManagementUniversity of Nigeria, Nsukka

3Benue Investment and Properties Limited, Makurdi.

Abstract

The study seeks to assess the effect of organizational change on employees’ commitment in the consumer sub-sector of the Nigerian’s manufacturing industry. Data for the study was elicited from a sample of 300 employees of ten (10) manufacturing companies in the consumer sector listed in the Nigerian Stock Exchange. Data collection was done with the aid of a structured questionnaire with items measured in Likert type scale. Data analysis was done using descriptive and inferential tools. Survey research design was used I this study, and the statistical tool adopted comprises of correlation and regression analysis.Hypotheses were tested using multiple regression model. The findings show that there is significant positive relationship between employee’s commitment and Personal Valence, Perception of training for change and Perception of change communication.The study therefore concludes thatin today’s complex and globally competitive world where every organization is facing new challenges regarding qualitative services, no organization can perform at peak levels unless employee are committed to the organization’s set goals and objectives.The study recommended among others that manufacturing industries should ensurethat employees are well motivated to be ready for change so as to gain their commitment and there should also be improvement of employees Personal Valence.

Keywords

Organizational Change, Employees’ Commitment, Manufacturing firms, Nigeria Stock Exchange